Operating Expense Ratio (OER): Definition, Formula, and Example

Net Loss - What Is It, Formula, Example, Vs Gross Loss

New rules for net operating losses

Net Operating Losses & Deferred Tax Assets Tutorial

Net Loss Definition, Formula & Calculation

NOL Tax Loss Carryforward

Owning your vehicle personally vs. in your LLC does NOT determine your tax deduction. Your write-off is based on business use percentage, not whose name is on the title. That said, if you want your LLC to own the vehicle for legal or operational reasons, it can be done. Make sure you understand the mechanics of how to do it correctly and be sure to track your car costs and mileage to ensure you are maximizing your car write-offs. If you want to learn strategies for saving thousands through real

16 Tax Deductions and Benefits for the Self-Employed